CETC Digital Technology Co (SHSE:600850) Debt-to-Equity : 0.20 (As of Mar. 2025)

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What is CETC Digital Technology Co Debt-to-Equity?

CETC Digital Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥590 Mil. CETC Digital Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ¥386 Mil. CETC Digital Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2025 was ¥4,897 Mil. CETC Digital Technology Co's debt to equity for the quarter that ended in Mar. 2025 was 0.20.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for CETC Digital Technology Co's Debt-to-Equity or its related term are showing as below:

SHSE:600850' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.13 Max: 0.27
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of CETC Digital Technology Co was 0.27. The lowest was 0.01. And the median was 0.13.

SHSE:600850's Debt-to-Equity is ranked better than
51.04% of 2220 companies
in the Software industry
Industry Median: 0.2 vs SHSE:600850: 0.20

CETC Digital Technology Co Debt-to-Equity Historical Data

The historical data trend for CETC Digital Technology Co's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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CETC Digital Technology Co Debt-to-Equity Chart

CETC Digital Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.03

0.16

0.13

0.14

0.19

CETC Digital Technology Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Debt-to-Equity	Get a 7-Day Free Trial															0.17	0.13	0.16	0.19	0.20

Competitive Comparison of CETC Digital Technology Co's Debt-to-Equity

For the Software - Infrastructure subindustry, CETC Digital Technology Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

CETC Digital Technology Co's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, CETC Digital Technology Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CETC Digital Technology Co's Debt-to-Equity falls into.

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CETC Digital Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CETC Digital Technology Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(525.315	+	380.971)	/	4838.06
	=	0.19

CETC Digital Technology Co's Debt to Equity Ratio for the quarter that ended in Mar. 2025 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(589.753	+	386.199)	/	4896.58
	=	0.20

CETC Digital Technology Co (SHSE:600850) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

CETC Digital Technology Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of CETC Digital Technology Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

CETC Digital Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CETC Digital Technology Co Ltd (SHSE:600850) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1485 Jialuo Road, 6th Floor, Building 43, Jiading District, Shanghai, CHN, 200233

Website

http://www.shecc.com

CETC Digital Technology Co Ltd is engaged in the development of information systems and software engineering in China. It is also involved in the design, installation, and construction of computer hardware, communication equipment, electronics, integrated system equipment systems integration, network engineering, software engineering and electronic engineering. Its product and services include Data Center Product Solution, Cloud product solutions, and Cloud service management. The company distributes its products within domestic and overseas markets.

Executives

Xing Mao Teng	senior management
Zhang Hong	Director
Chen Jian Ping	senior management
Duan Li Feng	senior management
Ma Zhuang	senior management
Hou Zhi Ping	senior management
Zhang Wei Min	Directors, senior managers
Mou Yun Jie	senior management
Lin Jian Min	Director
Zhang Jie	Supervisors
Sun Wei Li	senior management
Yang Zhi Hua	senior management
Guo Wen Qi	Director
Shen Quan Gen	Director
Chen Gang	Supervisors

CETC Digital Technology Co Headlines

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